Vertical

MyTukar renames to Carro, appoints Malaysian influencer Phei Yong as first brand ambassador

MyTukar powered by Carro, Malaysia’s used car ecosystem, has renamed to Carro, signifying a move that will bring more of Carro’s cutting-edge technologies, products, and services to Malaysian customers.

Singapore’s Silicon Box to invest $3.6B in new chip plant in Italy

Singapore-based semiconductor firm Silicon Box intends to invest up to $3.6 billion in new chip plant in Italy. The semiconductor assembly and test facility in Northern Italy will help meet critical demand for advanced packaging capacity to enable next generation technologies that Silicon Box anticipates by 2028.

Lenovo Study: 94 percent of ASEAN+ CIOs deem AI critical for business in 2024; only 11 percent invest in GenAI

94 percent of ASEAN+ Chief Investment Officers deem artificial intelligence (AI) critical for business in 2024, but only 11 percent invest in generative AI (GenAI), Lenovo study showed Tuesday.

Sunway iLabs & Jetro Kuala Lumpur conclude 2024 Green Transformation Accelerator Program, fostering cross-border innovation for sustainability

Throughout the two-month long GXA program, these startups were immersed in Malaysia’s vibrant ecosystem, leveraging the extensive networks and support of Sunway Group, JETRO Kuala Lumpur, and knowledge partners, such as the Malaysia Investment Development Authority (MIDA).

Maybank partners Gentari to explore green mobility, renewable energy solutions

Malaysian lender Malayan Banking Bhd (Maybank) and clean energy firm Gentari have on Monday announced a significant step towards a more sustainable future with the signing of a memorandum of understanding (MOU) to explore collaboration in green mobility and renewable energy solutions.

Animoca Brands partners KACST to launch Web3 hub in Saudi Arabia

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Monday announced that it has entered into a Memorandum of Understanding (MOU) with King Abdulaziz City for Science and Technology (KACST) to collaborate to advance the Web3 and gaming ecosystem in the Kingdom of Saudi Arabia (KSA).

How VinFast’s founder joins the auto industry’s power list

The #EV industry is booming, but competition is fierce. Geopolitical turmoil, economic fluctuations, and shifting consumer confidence add further complexity. To navigate these challenges, VinFast has adopted a multi-product, multi-market strategy, a unique approach that's granting the #Vietnamese electric car company a significant advantage and propelling…

Ant raises mobile payment services transaction limits for overseas visitors on Alipay, international e-wallets in China

In response to China's new policies to facilitate international visits, Chinese fintech firm Ant Group is raising single-transaction limit for international travellers using its cross-border payment services from $1000 to $5000; and annual cumulative transaction limit up from $10,000 to $50,000.

Petronas Twin Towers in Kuala Lumpur, Malaysia

Malaysia to launch AI code of ethics & governance guideline as soon as April – report

The Ministry of Science, Technology and Innovation said the document is scheduled to be presented to the Cabinet this month before its official launch in April.

Softbank-backed Carro expands into Hong Kong with Beyond Cars acquisition

Carro, Southeast Asia's largest online used car platform, has on Thursday announced its acquisition of Beyond Cars, one of the leading used car platforms in Hong Kong. With Hong Kong under its belt, the firm is now present in a total of seven markets, including Singapore, Malaysia, Indonesia, Thailand, Japan, and Taiwan.